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Tea Party Caucus Leads GOP Charge Against Budget Crisis
The 2010 landslide election saw a revitalized Republican Party win 64 seats in the U.S. House of Representatives on a platform that rejected the fiscal policies of the Democratically controlled 111th...
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Former Reagan Budget Director Warns Of New Housing Bubble
Photo Credit: Daily Caller The market may be rising, but according to one expert, all is not well on the home front. David Stockman, former director of the Office of Management and Budget in the...
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Panetta To Propose Military Pay Cut After Obama Raised Federal Officials Pay
Photo Credit: US Army Africa Outgoing Defense Secretary Leon Panetta reportedly believes the military should receive a pay cut in order to respond to the budget cuts facing the Pentagon — a position...
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The Great Sequester Panic
Photo Credit: Reuters Prepare for the end of food safety as we have known it. For a breakdown in public order. For little children languishing in ignorance. If only Edward Gibbon were here to...
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Wall Street Legend Warns: A ‘Storm’ Is Coming
Photo Credit: Bloomberg Noted hedge fund manager Stan Druckenmiller, 59, on Friday warned that the U.S. economy is headed for a “storm” that could prove to be far worse than the financial meltdown of...
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Armed Services Chair: Never Seen Such Lack of ‘Truth-Telling’ from Commander...
photo credit: realtor action center House Armed Services Committee Chairman Howard “Buck” McKeon (R-Calif.). (AP) (CNSNews.com) – Chairman of the House Armed Services Committee Howard “Buck” McKeon...
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Money On The Table: Government Wastes Billions By Not Listening To IGs,...
Photo Credit: AP Federal agencies are forfeiting billions of dollars by failing to implement the recommendations of their inspectors general, according to a House Committee on Oversight and Government...
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Getting Wise To Government Lies
Photo Credit: Andrew Biraj Take President Obama and his Cabinet of Liars, please. We all know what dirty tricks they played to try and stop the sequester’s automatic budget cuts from happening. They...
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ABC Poll: Americans Are Totally Fine With Spending Cuts
Photo Credit: Intel Photos President Obama and company have been beating the drum about the supposed coming disasters of sequestration, but Americans aren’t buying it. Proof: a poll out from ABC news...
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Even In Afghanistan, A Focus On Budget Battles Of Washington
Photo Credit: Secretary of Defense The new defense secretary, Chuck Hagel, arrived at this rugged security outpost situated along a ratline of insurgent infiltration from Pakistan to talk to American...
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Obama Budget to Include Cuts to Programs in Hopes of Deal
President Obama next week will take the political risk of formally proposing cuts to Social Security and Medicare in his annual budget in an effort to demonstrate his willingness to compromise with...
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In Welfare We Trust: One-Sixth of Federal Budget is Now Welfare
Photo Credit: Wikipedia Yes, it looks like a wedding announcement out of The Onion, but when it comes to making a killing off the never-ending “War on Poverty,” the marriage of convenience between the...
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Sequestration Destroying Naval Readiness
Photo Credit: AP Defense budget cuts have reduced the number of Navy forces that would respond to an emergency in the Persian Gulf and the Western Pacific, the chief of naval operations said. “A year...
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Hagel: Budget Cuts Could Force Navy to Sideline 3 Aircraft Carriers
By Associated Press. Defense Secretary Chuck Hagel warned Wednesday that the Pentagon may have to mothball up to three Navy aircraft carriers and order additional sharp reductions in the size of the...
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IMF Chief: U.S. Dance with the Debt Limit is ‘Very, Very Concerning’
Photo Credit: AP/Alex Brandon By Tom Howell Jr. The chief of the International Monetary Fund says the U.S. government’s stalemate over spending and its debt limit is “very, very concerning” and could...
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